YTD March FY15 Financial Results

6 May 2015Karen RosenblumTechnical Activities Committee

March YTD FY15 Results

• Operations performed better than budget by $1,053K

SciTech revenue 10% better than budget– Expenses also better due to credits for hotel issues

Publications sales remain strong– Revenue +10% due to strong Archive Sales & Technical Paper subscriptions

Defense Forum held for first time– Revenue down12% but hit direct margin target

NACA 100th Anniversary – Unbudgeted financial boost Labor & Fringe +4% better than budget

– Delayed hiring of open positions– Expect FY16 budgeted labor will be higher than FY15 results

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Full Paid Key Indicator

Event 2014 Budget Actual Variance to Budget

SciTech 1,736 1,990 2,126 +7%

Defense - 300 241 -20%

ADS (3/31-4/2) - 110 115 +5%

Subtotal YTD 1,736 2,400 2,482 +3%

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Continuing Operations Results

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Continuing Operations Results

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FY14 FY15 FY15 VarianceActual Operations Actual Budget to Budget

$8,855 Revenues $10,212 $9,478 $734

($9,071) Expenses ($9,088) ($9,407) $319

($216) Subtotal Ops $1,124 $71 $1,053

AIAA Financial Results of Continuing OperationsSix Months Ending 31 March FY15

($ in thousands)

YTD Revenue by Area

6

YTD Expense by Area

7• Expenses include direct expenses, labor & fringe

Net Margin by Area

8

Reporting Groups• Overhead

Office Services, IT, Enterprise, Accounting, HR• Business Development

Business Development, Business Analysis• Member Services

Professional Membership, Corporate Membership, Committee Expenses, Section Activities, Honors & Awards, Student Programs, Aerospace America

• Outreach Communications, Public Policy, International, Organization Dues, STEM, Continuing Education

(formerly Professional Development, excludes Courses at Conference)• Forums

SciTech, Aviation, P&E, Space, Defense. Includes: Meeting, Papers, Exhibit, Sponsorship, Workshops, Courses at Conference, Public Policy, YP, B2B, STEM

• Publications Journals, Books, Tech Paper Subs & Sales, Standards

• Other Events BMD, Space Ops

10Changes from Prior Year in Blue

SciTech: Held January 5-9, 2015

FULL PAID Key Indicator

% vs Budget

FY14 Actual 1,736

FY15 Budget 1,990

December 8, 2014 670 -66%

December 22, 2014 1,606 -19%

January 3, 2015 1,843 -7%

January 5, 2015 2,055 +3%

January 8, 2015 2,126 +7%

FY15 Actual 2,126

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